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1:34 min
View Full Video Script
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CFOs don't want to report the news after it's happened.
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They want to be in the know around decisions that the
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operating teams are making, and coming in at the right time
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to say, "Hey, some of those decisions would affect either
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working capital in a bad way or affects margins." And
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similarly, operating teams want to really understand, hey, how
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do their decisions affect margins?
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How do their decisions affect working capital and cash flow?
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And so operators are increasingly incentivized and motivated to
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understand that. But the problem today is the data challenge,
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right? And they don't have all of these data in one
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platform, and it's very difficult to
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understand and really stitch together the impact of decision making.
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And that's where a powerful tool like Board brings in, very
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elegantly, data from office of finance,
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operational data at the SKU level, which is, we're talking about
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high volumes of data. And the real multidimensional model
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and the calculation engine that Board has built in is able to
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process high volumes of these calculations that needs
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to happen for you to run scenarios, what if analysis, and start to make
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capital outlays and decisions in a much more effective manner.
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So in a nutshell, I would say Board is extremely
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well-positioned to help organizations start
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to bring together siloed and start to make much more
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integrated decision making.